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Money Just Blowin' in the Wind.

Wind farms paid to stop operating. Nuts.

https://www.dailymail.co.uk/news/article-7904909/Government-paid-energy-firms-136million-turn-green-turbines-year.html


Z.
Parents
  • Sounds pretty usual for a 'market economy' - the generators will be 'customers' of the grid - if technical problems mean that the grid can't provide the transmission service they've contracted to supply, and as a result their customers are unable to sell their produce on the open market, then any sensible contract would have a 'penalty clause' that provides for compensation to be paid. A decent lawyer would argue that the losses would be more than just the financial cost of lost sales - a loss of goodwill from the generator's customers, or extra work for the generator's employees etc. etc. would also add to the bill.


        - Andy.
Reply
  • Sounds pretty usual for a 'market economy' - the generators will be 'customers' of the grid - if technical problems mean that the grid can't provide the transmission service they've contracted to supply, and as a result their customers are unable to sell their produce on the open market, then any sensible contract would have a 'penalty clause' that provides for compensation to be paid. A decent lawyer would argue that the losses would be more than just the financial cost of lost sales - a loss of goodwill from the generator's customers, or extra work for the generator's employees etc. etc. would also add to the bill.


        - Andy.
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